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Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

12.30SGD
15 Dec 2017
Change (% chg)

$-0.01 (-0.08%)
Prev Close
$12.31
Open
$12.22
Day's High
$12.30
Day's Low
$12.21
Volume
4,810,600
Avg. Vol
4,692,155
52-wk High
$12.59
52-wk Low
$8.85

Latest Key Developments (Source: Significant Developments)

Oversea-Chinese Banking Corp Completes Acquisition Of National Australia Bank's Private Wealth Business In Hong Kong​
Sunday, 26 Nov 2017 

Nov 27 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::‍OCBC GROUP COMPLETES ACQUISITION OF NATIONAL AUSTRALIA BANK'S PRIVATE WEALTH BUSINESS IN HONG KONG​.  Full Article

Oversea-Chinese Banking Corp's ‍interest in AVICT diluted to 17.3 pct from 20 pct​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Oversea-chinese Banking Corporation Ltd :Co's ‍interest in avict has been diluted from 19.99% to 17.27%​.Dilution not expected to have any material impact on eps of ocbc group for fy ending 31 dec, 2017​.  Full Article

Oversea-Chinese Banking Corp prices A$200 mln senior floating rate notes
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Oversea-chinese Banking Corporation Limited :Ocbc Bank Priced A$200 Million Senior Floating Rate Notes Due 2020.‍notes will bear interest at 3-month bank bill swap reference rate plus 0.60% per annum​.  Full Article

OCBC group posts quarterly net profit of S$1.06 bln
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Oversea-Chinese Banking Corporation Ltd :‍OCBC group reported Q3 2017 net profit of S$1.06 billion​.Net interest income grew 12% to S$1.38 billion in 3Q17 from S$1.23 billion a year ago​.‍Q3 earnings grew 12% year-on-year driven by broad-based growth across all key markets and businesses​.Q3 ‍non-interest income was 1% higher at S$978 million​.Group's non-performing loans ("NPL") ratio was 1.3% as at 30 SEPTEMBER 2017​.Quarter end Common Equity Tier 1 Capital Adequacy Ratio of 13.1%, and tier 1 and total CAR of 14.0% and 16.2% respectively​.  Full Article

Oversea-Chinese Banking Corp priced EUR 500 mln covered bonds
Friday, 29 Sep 2017 

Sept 29 (Reuters) - Oversea-chinese Banking Corporation Limited () :Ocbc Bank Priced Eur 500 Million 0.25 Per Cent. Covered Bonds Due 2022.Covered bonds will bear interest at a fixed rate of 0.25% per annum.  Full Article

Oversea-Chinese Banking Corporation bank prices A$500 mln of senior floating rate notes due 2018
Wednesday, 15 Feb 2017 

Oversea-Chinese Banking Corporation Limited : OCBC Bank Priced A$500 Million Of Senior Floating Rate Notes Due 2018 . Net proceeds from issue of notes will be used for general corporate purposes of ocbc bank . Notes will bear interest at 3-month bank bill swap reference rate plus 0.49% per annum, payable quarterly in arrear .Application will be made for listing of notes on singapore exchange securities trading, notes expected to be listed on SGX-ST on 23 Feb.  Full Article

OCBC CEO says cautious on new loan origination
Tuesday, 14 Feb 2017 

Singapore OCBC CEO says: Stress situation in oil and gas sector is expected to continue . Cautious on new loan origination Further company coverage: [OCBC.SI] (Reporting by Anshuman Daga) ((Anshuman.Daga@thomsonreuters.com;)).  Full Article

Oversea-Chinese Banking Corp updates on OCBC Group's shareholdings in United Engineers & WBL Corp
Friday, 10 Feb 2017 

Oversea-Chinese Banking Corporation and Great Eastern Holdings : Joint Announcement: OCBC Group's Shareholdings in United Engineers Limited & WBL Corporation Limited . They have received non-binding expressions of interests over their combined stakes in UEL and WBL .OCBC Bank and GEH are evaluating these expressions of interests and there is no certainty that any transaction will materialise.  Full Article

Oversea-Chinese Banking Corporation and Great Eastern updates on shareholdings in United Engineers and WBL corp
Monday, 26 Sep 2016 

Oversea-chinese Banking Corporation Limited : (Joint Announcement: Ocbc Group's Shareholdings In United Engineers Limited & Wbl Corporation Limited) . Co and Great Eastern currently reviewing strategic options with respect to their combined stakes in united engineers and wbl corp .No decision has been made at this time to pursue any specific transaction or any other strategic option.  Full Article

Oversea-Chinese Banking says Q2 net profit S$885 mln
Thursday, 28 Jul 2016 

Oversea-Chinese Banking Corporation Ltd : Second quarter and/ or half yearly results) . Ocbc group reported second quarter 2016 net profit of s$885 million; second quarter earnings down 15% . The second quarter, net interest income declined 2% to s$1.26 billion from s$1.28 billion . Interim dividend maintained at 18 cents per share . Qtrly non-interest income was 16% lower at s$788 million as compared with s$939 million a year ago . Group's common equity tier 1 capital adequacy ratio tier 1 car and total car as at 30 June 2016, were 14.9%, 15.5% and 17.5% respectively . Net interest margin for the quarter rose 1 basis point to 1.68% from a year ago from improved customer loan yields. . Quarter end group's npl ratio was 1.1%, higher from 0.7% a year ago and from 1.0% the previous quarter . "We are well-positioned to weather the uncertainties ahead" .  Full Article

SE Asia Stocks-Fall; Philippines down more than 1 pct

By Chris Thomas Dec 15 Southeast Asian stock markets fell on Friday, tracking Asian shares and Wall Street which slipped overnight on concerns over potential roadblocks to U.S. tax reform, with the Philippine index down more than 1 percent on profit-taking. Congressional Republicans reached a deal on final tax legislation, but the conservative party faces opposition from within as some Senators remained unsettled about their support for the bill. Asian shares droppe